HARARE – Employers of Meikles Limited are struggling to raise funds to purchase 10 percent of the group’s shares through an employee share ownership trust. The employees yesterday told the thematic committee on Indigenisation and Empowerment that when Meikles launched its employee share ownership trust (ESOP) in 2011, it intended to mobilise resources on workers’…
HARARE – City council bosses are defying a Cabinet directive to cap executives salaries at $6 000, legislators have said. Members of Parliament (MPs) told Local Government minister Ignatius Chombo that city fathers are still smiling all the way to the bank, despite the $6 000 salary cap imposed by the Cabinet Committee on State…
HARARE – The One Wallet Cup roars into life this afternoon with a double header at Mandava Stadium where Harare City and Triangle take to the field in the first of potentially exciting quarter-final matches. FC Platinum will then face Chicken Inn in the second quarter-final match at the same venue. All the matches will…
HARARE – Black Rhinos have fired coach Arthur Tutani after continued struggles on the field and far too many negative issues off it. With the season at the halfway mark, Black Rhinos are sitting third from bottom, having managed four wins, three draws and eight defeats. Veteran coach Jostein Mathuthu has been thrust in the…
HARARE – Pamushana High School are hoping to banish the ghost of 2012 when they went all the way to the the Copa Coca-Cola final only to lose the title at the death to a disciplined Mzingwane side. The Masvingo-based school were on the brink of winning the 2012 Copa title held in the resort…
HARARE – There is a pettiness about our national discourse, especially related to sport, that you wonder if there is any self-introspection for those “openly courting Fifa sanctions” on the national game – just to get rid of Cuthbert Dube. At best, the calls for government intervention and the dissolution of the Zimbabwe Football Association…
HARARE – Justin Kersten may have finished the British Junior Open tied for 68 but reckons the experience gained playing against the world’s best junior golfers has refreshed his zeal to reach greater heights. Kersten was the country’s lone representative at the biennial event which is played over three rounds of stroke-play at West Lancashire…
HARARE – Zimbabwe Bmx president Paul Denslow has backed his riders to excel at the Bmx World Championships that begin next week in Rotterdam, Holland. At least 4000 riders will battle for honours in Holland’s second-largest city with 13 Zimbabwean riders announcing their presence across the challenge and junior elite categories. Zimbabwe faces a daunting…
JOHANNESBURG – Mamelodi Sundowns midfielder Khama Billiat remains sidelined with a metatarsal fracture which has seen him miss the club’s pre-season preparations. Billiat, who still has a cast on his left foot and is using crutches, is only expected back at training next month. The Zimbabwean suffered the injury in February and then aggravated it…
LONDON – Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm’s 39-year history. The bulk of the cuts, around 12,500, will be in its phone unit Nokia, which Microsoft bought in April, the firm said. Microsoft pledged to cut $600m (£350.8m) per year in costs within 18 months…
